Deutsche Telekom (DTEGY) Upgraded by ValuEngine to Hold

Deutsche Telekom (OTCMKTS:DTEGY) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday, October 17th.

A number of other brokerages also recently commented on DTEGY. Bank of America upgraded Deutsche Telekom from a “neutral” rating to a “buy” rating in a research report on Thursday, August 30th. Zacks Investment Research downgraded Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Tuesday, July 10th. Finally, Citigroup upgraded Deutsche Telekom from a “neutral” rating to a “buy” rating in a research report on Friday, July 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $17.00.

DTEGY traded up $0.07 during trading on Wednesday, reaching $16.65. The stock had a trading volume of 96,577 shares, compared to its average volume of 216,614. The company has a market capitalization of $78.53 billion, a price-to-earnings ratio of 11.40 and a beta of 0.52. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.86 and a quick ratio of 0.79. Deutsche Telekom has a 1-year low of $15.03 and a 1-year high of $18.45.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings data on Thursday, August 9th. The utilities provider reported $0.31 EPS for the quarter. Deutsche Telekom had a return on equity of 15.29% and a net margin of 4.52%. The company had revenue of $21.91 billion during the quarter, compared to the consensus estimate of $21.49 billion. Equities analysts expect that Deutsche Telekom will post 1.1 EPS for the current fiscal year.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.

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Analyst Recommendations for Deutsche Telekom (OTCMKTS:DTEGY)

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